Unaffordable

What Salary Do You Need to Live in Logan?

To afford a 2-bedroom in Logan, you need to earn at least $53,240/year based on estimated fair market rent data. The median household income here is $25,673, which means the typical resident is $27,567 below the threshold.

Census ACS Data Pop. 942

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$932	$3,107	$37,280	+$11,607
1 Bedroom	$1,105	$3,683	$44,200	+$18,527
2 Bedroom BENCHMARK	$1,331	$4,437	$53,240	+$27,567
3 Bedroom	$1,624	$5,413	$64,960	+$39,287
4 Bedroom	$1,997	$6,657	$79,880	+$54,207

Affordability Breakdown

Where the required salary line crosses above Logan's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$25,673

Annual household

2BR Required Salary

$53,240

Under 30% rule

Income Gap

-$27,567

Deficit

Verdict

Unaffordable

Ratio: 62.2%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Logan

Your Annual Salary

Pre-filled with Logan's median household income

Max monthly rent you can afford$642

Studio

$932/mo

1 BR

$1,105/mo

2 BR

$1,331/mo

3 BR

$1,624/mo

4 BR

$1,997/mo

Your salary is $0 above the median income in Logan.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Logan's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Logan

Logan, New Mexico is one of the most expensive rental markets relative to local incomes. The median household earning $25,673 faces a staggering $27,567 deficit against the $53,240 needed for a 2-bedroom — meaning the typical resident cannot afford market-rate rent under standard financial guidelines.

For those committed to Logan, the realistic options are: (1) target a studio at $932/month, which requires $37,280/year — closer to the median; (2) find a roommate for a 2-bedroom, cutting individual costs to ~$666/month; or (3) negotiate remote work and live in a more affordable New Mexico city.

To live comfortably in Logan without financial strain, you realistically need a household income of $79,860 or higher. This isn't just about rent — it accounts for New Mexico's overall cost of living including transportation, food, and healthcare.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Logan, New Mexico.

With a total population of 942, the city supports an active civilian workforce of 142 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $53,240 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

142

Active civilian employees in Logan

Frequently Asked Questions About Renting in Logan

What salary do I need to live in Logan, New Mexico?

To afford a 2-bedroom in Logan under the 30% rule, you need an annual salary of at least $53,240. The median household income in Logan is $25,673.

Can I afford a 2-bedroom in Logan on $25,673?

The affordability verdict for Logan is "Unaffordable". The rent-to-income ratio is 62.2%, meaning there's a $27,567 income gap.

What is the average rent in Logan compared to median income?

The median gross rent in Logan is $1,105/month. With a median household income of $25,673, residents spend approximately 62.2% of their income on rent.

What salary do I need for a studio in Logan?

A studio in Logan rents for approximately $932/month. Under the 30% rule, you need an annual salary of $37,280 to afford this.

Is Logan considered an affordable place to live?

Based on the deficit of $27,567 and an affordability verdict of "Unaffordable", Logan is considered a unaffordable rental market when comparing the required 2-bedroom salary of $53,240 to the local median household income.

How Logan Compares

Other cities in New Mexico with salary requirements